ODI
Overseas Direct Investment Advisory for Indian Companies
Navigate FEMA/RBI ODI regulations with confidence — route selection, funding review, AD-bank coordination and reporting support.
Part of our Global Expansion advisory. New to ODI? Read our ODI Compliance Guide for Indian Companies. For layered overseas groups, see our Step-Down Subsidiary Review.
Statutory CA certifications on ODI valuation and APR filings are arranged through our empanelled CA partner firm Regi Tom Antony & Associates.
What is ODI
- Overseas Direct Investment by Indian persons / entities into a foreign entity.
- Automatic route: within prescribed financial commitment limits and eligible sectors — no prior RBI approval.
- Approval route: where limits, sectors or structure (e.g. financial services, real estate) require RBI sign-off.
- Eligible investors include Indian companies, LLPs, registered partnerships and resident individuals (LRS).
Key ODI Compliance Requirements
- Form ODI (Part I / II / III) for initial investment, subsequent commitments and disinvestment.
- Annual Performance Report (APR) for every overseas JV/WOS — due each year.
- Valuation norms from a SEBI-registered Category I Merchant Banker / Chartered Accountant.
- FEMA reporting including FLA return and any post-transaction filings.
Our Advisory Scope
- Structure memo — entity, jurisdiction, funding route and shareholding.
- Route analysis — automatic vs approval, limit computation, sectoral eligibility.
- AD-bank coordination — UIN allotment, Form ODI submission, query responses.
- Ongoing compliance — APR, FLA, valuation updates and FEMA filings.
Planning an Overseas Investment?
We'll map the right ODI route, structure and compliance roadmap before you commit funds.